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Biotech / Medical : Biotech for less than a buck.

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To: Softechie who wrote (249)12/9/1999 11:11:00 AM
From: Henry Volquardsen  Read Replies (1) of 743
 
that is what the market is expecting and I certainly hope they are right. But in deference to skeptics such as Richard and in fairness to those who haven't followed AVNR it is worth mentioning that the market has gotten excited about AVNR in the past only to be brutally disappointed. The company has had a very bumpy road.

Personally I think they are on the right track, the product does work. Their current plans are, imo, their best chance for profitability. But after several years of missteps and the attendant dilution the upside is less explosive than it would have been.
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